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Bollinger Bands Tunnel EA

3.5
Bollinger Bands Tunnel EA is a free expert advisor developed with the idea to be useful for traders who love to trade using the popular indicator Bollinger Bands. Bollinger Bands Tunnel EA has very simple trading logic. It trades inside of the Bollinger Bands indicator. When the price crosses the Bollinger Bands upper line and reverses, the EA opens a SELL position. When the price crosses the Bollinger Bands lower line and reverses then the EA opens a BUY position. The algorithm of closing the trade is also simple. When the price crosses the upper line the EA will close the BUY positions. When the price crosses the lower line the EA will close the SELL positions. There are also TakeProfit and StopLoss parameters which are optional. If you set anything the EA will also use them for closing the trades.

Bollinger Bands Tunnel EA is optimized only for EURCHF currency pair. EURCHF currency pair is a well known ranging pair. This strategy is best for ranging markets. It can be used with any currency pairs and forex instruments which are in ranging periods. But you must do your own optimization for other pairs and instruments.


Recommended timeframe: H1

Recommended backtest method: H1 by every tick

Supported currency pairs: EURCHF


Top Features

  • Strong, pure and simple trading logic
  • Money Management System
  • High spread and slippage protection
  • Uses Most Popular Forex Indicator Bollinger Bands


Bollinger Bands Tunnel EA Settings

==== Risk Management ====

  • FixedLots - fixed trading volume (works if AutoMM1=0).
  • AutoMM – values greater than 0 (zero) activate automatic ММ (traded volume as a percentage of free margin).

==== General Settings ====

  • LongTrades – true/false to enables/disables the long trades.
  • ShortTrades - true/false to enables/disables the short trades.
  • Magic - magic number - it is extremely important to keep this different for all robots.
  • MaxSpread - maximal allowed spread for position opening.
  • Slippage – maximal allowed slippage for position opening.
  • StopLoss - stop loss value in standard 4 digit pips. It is an optional parameter.
  • TakeProfit – take profit value in standard 4 digit pips. It is an optional parameter.
  • EA_Comment - text which will be added as a comment to each trade opened by Bollinger Bands Tunnel EA.

==== Bollinger Bands Settings ====

  • BBands_TimeFrame – The time frame of Bollinger Bands indicator.
  • BBands_Period - The period of Bollinger Bands indicator.
  • BBands_Deviation - The deviation of Bollinger Bands indicator.
  • BBands_AppliedPrice - The applied price of Bollinger Bands indicator.
  • BBands_MaxWidth – The max allowed width of the Bollinger Bands indicator (the difference in pips between upper and lower line) when the EA can trade.
  • BBands_MinWidth - The min allowed width of the Bollinger Bands indicator (the difference in pips between upper and lower line) when the EA can trade.
  • MaxVolatilityIndex – The volatility index of the current market. If you set small value the EA will trade rare but with higher precision. If you set big value the EA will trade often but with less precision.


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Comentários 2
Jmd1937
64
Jmd1937 2022.11.17 17:53 
 

Didn't run it for long, was impatient with the performance. Now after testing/demo'ing lots of other EAs coming back to this one, in demo and bringing patience, 'cause the stat is good (2.5 pf)- thanks! going to try others now as well!

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Experts
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AW Trading Software Limited
3.67 (3)
Experts
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Marzena Maria Szmit
4.48 (25)
Experts
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Inrexea Limited
Experts
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EA Black Dragon
Ramil Minniakhmetov
4.78 (478)
Experts
EA Black Dragon funciona no indicador Black Dragon. O Expert Advisor abre um negócio pela cor do indicador, então é possível construir a rede de pedidos ou trabalhar com um stop loss. O acompanhamento do trabalho real, bem como meus outros desenvolvimentos, pode ser encontrado aqui: https://www.mql5.com/en/users/mechanic/seller Você pode encontrar todas as configurações aqui! Recomendações Pares de moedas EURUSD GBPUSD  Prazo M15  Depósito recomendado 1000 dólares ou centavos  Configura
Supply Demand EA ProBot
Georgios Kalomoiropoulos
5 (2)
Experts
Consultor totalmente automático baseado no princípio da oferta e da procura . O primeiro a oferecer um consultor de oferta e demanda totalmente automatizado . Negociar agora é fácil e você tem controle total sobre sua estratégia de negociação Através de um conveniente painel de operações gráficas. Você obtém software de negociação algorítmica de altíssima qualidade com mais de 15.000 linhas de código. Guia EA ProBot de oferta e demanda A melhor maneira de negociar os desafios da Prop Firms e
EA Top G
Mohamed Hassan
5 (13)
Experts
Current price of $50 for 2  more copies! Next price is: $85 Live Signal : Click here  -- Don't buy a fake backtest, get a real strategy on a real signal!  After purchase, If you genuinely like this robot, you can receive EA Interceptor for Free ! Contact me for more information regarding this BONUS ! EA TOP G  is a multi-currency expert advisor  based on trend following . It uses a hedge system with a very good risk management. It's an ideal candidate for CENT accounts and big balances. It
Nasdaq100 Algo Trading MT4
Lo Thi Mai Loan
Experts
Sinal ao Vivo-1: Clique aqui Versão MT5: Clique aqui Obtenha o Quantum Pip   gratuitamente (para 2 contas de negociação) -> entre em contato comigo após a compra Bem-vindo ao Nasdaq Algo Trading Este EA (Advisor Especialista) é criado e projetado por uma equipe com mais de 13 anos de experiência em programação e negociação. O EA se concentra no desenvolvimento de um sistema que possa fornecer lucros estáveis e de longo prazo. Ele utiliza estratégias sem risco, evitando métodos como Martinga
OverPower
Inrexea Limited
5 (2)
Experts
The OP Trading Robot , a cutting-edge development by OpenEA, is a fully automated 4th generation InrexEA DB system designed to excel in the dynamic forex market. Leveraging advanced algorithms, this robot is adept at learning from market trends, particularly focusing on the EURUSD and GBPUSD pairs. Drawing inspiration from the best features of the retired Ea YOLO Diamond Hands, it offers enhanced trade quality protection. Remarkably versatile, the OverPower Trading Robot is compatible with any
AI TradingVision GPX MT4
Yu Mei Cheng
4.64 (14)
Experts
Precauções O EA inclui até 6 pontos de entrada, e o número de mãos por transação é o número de mãos da ordem multiplicado por 6, por isso, tenha cuidado para não usar demasiadas mãos. O método de cálculo das mãos por defeito não é uma percentagem de fundos. O nosso método de cálculo por defeito não é afetado pela alavancagem e permite controlar o risco de forma mais precisa. É recomendado utilizar fundos acima de $1000 para melhorar a resistência ao risco. Existe um risco de acumulação de risco
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Experts
Você já se perguntou por que a maioria dos consultores especializados não é eficaz nas negociações ao vivo, apesar de seu desempenho perfeito nos testes retrospectivos? A resposta mais provável é over-fitting. Muitos EAs são criados para 'aprender' e se adaptar perfeitamente aos dados históricos disponíveis, mas falham em prever o futuro devido à falta de generalização no modelo construído. Alguns desenvolvedores simplesmente não sabem da existência do over-fitting, ou sabem, mas não têm uma
US30 Scalper EA MT4
Lo Thi Mai Loan
5 (6)
Experts
Promoção de lançamento! Restam apenas algumas cópias ao preço atual! Próximo preço: 1533 $ Preço final: 1993$ Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5:   https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news O US30 Scalper EA
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PROMOTION: BUY 1 GET 1 FREE! --> Buy Trend Reader Indicator with -50% OFF + 1 FREE EA (of your choice)! NOTE: Promo price: $147 ( Regular Price: $297) - The offer ends soon!  For more info about the promotion and possible free EAs, contact me! Trend Reader Indicator is a revolutionary trading indicator designed to empower forex traders with the tools they need to make informed trading decisions. This cutting-edge indicator utilizes complex mathematical calculations and the Average True Range (A
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Jmd1937
64
Jmd1937 2022.11.17 17:53 
 

Didn't run it for long, was impatient with the performance. Now after testing/demo'ing lots of other EAs coming back to this one, in demo and bringing patience, 'cause the stat is good (2.5 pf)- thanks! going to try others now as well!

saomaiap
164
saomaiap 2022.06.20 09:00 
 

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